With A $2000 Retainer Deposit If the hourly legal cost charges is total of $100 an hour, the retainer covers all services up to a 20-hour limit. The lawyer then bills the client for the cost of any additional hours they invest on behalf of the client.
In this example, if a trial case takes 25 hours of the lawyer’s time, the lawyer charges the client an additional $500, which comes to $2,500 when including the retainer. If the client’s case is resolved prior to reaching the 20-hour limit, the lawyer refunds the remaining portion of the retainer to the client.
If the case is resolved in 3 hours, for example, then the lawyer would refund $1700 to the client.
Each bill is reviewed by 3 separate individuals before it is sent out to the client for final review. We’re very transparent and affordable for any situation you find yourself in.
The retainer deposit is also beneficial for the client because it provides an estimated budget for legal fees.